General Electric, Shanghai Electric, and a Marubeni-Mitsubishi JV are the three biggest players bidding on the USD 8 bn Hamrawein “clean coal” power plant, government sources tell Al Borsa. Belgian consultant Tractebel is reportedly about to start reviewing the three technical and financial offers that the Electricity Holding Company (EEHC) received earlier this month.
More from Enterprise
Banque du Caire’s blockbuster IPO holds firm against EGX selloff
The IFC and the EBRD are in for USD 100…
Can AI promise Egypt’s lenders more borrowers and fewer bad loans?
Banks are cautious about letting AI judge a borrower. Local…
Egypt’s funds crossed EGP 500 bn in 3Q on retail money and a stalling core
Money market funds stalled while retail piled into equity, index,…
DPI closes Egypt-born fintech fund Nclude at USD 112 mn
The final close adds roughly USD 7 mn to a…